Implicit Price Deflator
Implicit Price Deflator Index for Personal Consumption Expenditures -- Base Year 2009
|Quarterly Index and Cumulative Percentage Change1
|Prev 12 Mo. % Change
Source: Table 1.1.9. Implicit Price Deflator for Personal Consumption Expenditures.
1. Bureau of Economic Analysis (BEA) discontinued monthly publication of IPD June 2014.
2. The top row represents the preliminary and revised implicit price deflator (IPD) for personal consumption expenditures published by the Bureau of Economic Analysis (BEA) on a quarterly basis. The second row represents the cumulative percentage change in the preliminary or revised index from the second quarter. The third row represents the actual percentage change of the IPD over the preceding 12 months.
Historical Increases in the July Implicit Price Deflator for Personal Consumption Expenditures
|June 2013 to June 20141||1.591 |
|June 2012 to June 20132||1.314|
|July 2011 to July 2012||1.295|
|July 2010 to July 2011||2.755|
|July 2009 to July 2010||1.539|
|July 2008 to July 2009||-0.848|
|July 2007 to July 2008||4.527|
|July 2006 to July 2007||2.084|
|July 2005 to July 2006||3.419|
|July 2004 to July 2005||2.541|
|July 2003 to July 2004||2.387|
|July 2002 to July 2003||1.84|
|July 2001 to July 2002||1.16|
|July 2000 to July 2001||1.89|
|July 1999 to July 2000||2.61|
Source: Table B-1 for years 1999-2013 and NIPA Table 1.1.9. for 2014 and beyond published by the Bureau of Economic Analysis
1. The Bureau of Economic Analysis uses anywhere from one to three decimal places
2. The rate of inflation is the percent change in the implicit price deflator for personal consumption expenditures published by the Bureau of Economic Analysis by September 25th of the year before the taxes are payable. The most recent publication available on September 25th was the August publication. The Washington State Department of Revenue has therefore established the use of the quarterly values to calculate the percentage change in IPD for taxes dues.